948 Lake Drive
Sutton & Jackson's Point, Georgina, L0E 1L0
FOR SALE
$975,000

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7
BEDROOMS4
BATHROOMS4
KITCHENS16
ROOMSN12581470
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Property Description
Welcome to this rare income-generating fourplex, ideally located in the heart of Jacksons Point just steps from Lake Simcoe, beaches, parks, shops, and restaurants. This well-maintained property features four self-contained units, each offering comfortable layouts and strong rental appeal.Whether you're an investor looking for steady cash flow or a buyer seeking a multi-generational living opportunity, this property delivers flexibility and long-term value. Three of the suites feature two spacious bedrooms and one full bathroom, while the fourth suite offers a cozy one-bedroom layout, also with a full bathroom. Each unit is self-contained and separately metered, giving tenants independence and reducing management complexity for the owner. With its versatile unit mix, this property appeals to a wide range of tenants, from professionals and couples to small families. Investors will appreciate the steady rental demand in Jacksons Point, a community known for its blend of small-town charm and recreational lifestyle, while residents enjoy easy access to parks, beaches, marinas, and year-round outdoor activities.Tenants enjoy the convenience of on-site parking, private entrances, and easy access to local amenities, while owners benefit from consistent rental income in a highly desirable lakeside community. With Jacksons Point continuing to grow as a sought-after destination for year-round living and recreation, this fourplex is a prime opportunity to secure a strong-performing asset in a thriving market.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2015-09-29 | 2015-11-03 | 35 | $599,000 | $520,000 |
| 2005-10-05 | 2006-02-02 | 120 | $359,900 | $347,500 |
| 2002-08-31 | 2002-09-12 | 12 | $232,900 | $230,000 |
| 1998-07-13 | 1999-01-19 | 190 | $189,900 | $185,000 |
Property Features
Beach, Marina, Park, Place Of Worship, School, Golf, None, Accessory Apartment
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Property Details
Address
948 Lake Drive
Community
City
Postal Code
L0E 1L0
Property Type
Fourplex, Fourplex
Lot Size
58' x 100'
Acreage
5,663.0 Feet
Taxes
$4,612 (2025
Basement
Finished
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
6
Garage Type
None
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Listing contracted with Re/Max Hallmark York Group Realty Ltd.
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